Quasar India Reports Positive Financial Results in Q2 of FY24-25

Quasar India, a microcap trading company, has recently announced its financial results for the quarter ending September 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Quasar India has shown positive performance in the second quarter of the fiscal year 2024-2025. The company's score has improved from 15 to 12 in the last three months.

One of the key highlights of the financial report is the increase in net sales, which has reached its highest at Rs 11.57 crore in the last five quarters. This indicates a positive trend in the company's sales in the near term. Additionally, the operating profit (PBDIT) has also seen a significant increase, reaching its highest at Rs 1.75 crore in the last five quarters. This shows a positive trend in the company's operating profit in the near term.

Moreover, the operating profit margin has also improved, reaching its highest at 15.13% in the last five quarters. This indicates an increase in the company's efficiency. The profit before tax less other income (PBT) has also seen a positive trend, reaching its highest at Rs 1.75 crore in the last five quarters. Similarly, the profit after tax (PAT) has also shown a positive trend, reaching its highest at Rs 1.29 crore in the last five quarters.

Overall, Quasar India's financial performance in the second quarter of FY24-25 has been positive, with an increase in net sales, operating profit, and profit after tax. This is a promising sign for the company and its investors.